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Apartments in The Loop Chicago

1 - 30 of 519 Results
0
$3,995
208 W Washington St
Chicago, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
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Fireplace
49
$1,969 - 5,343
25 W Randolph St
Chicago, IL
Studio - 3 BR | Ask for Availability
The Loop
12
$1,750
939 W Washington St
Chicago, IL
Studio | Ask for Availability
The Loop
15
$2,427
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
20
$4,479
939 W Washington St
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,350
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
18
$3,200
8 E Randolph St #1804
8 E Randolph St Chicago, IL
2 BR | Available Now
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Storage
Dishwasher
The Loop
$995 - 2,600
55 E. Washington St.
Chicago, IL
Studio - 3 BR | Available Now
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Heat Included
Air Conditioning
In Unit Laundry
Dishwasher
The Loop
18
$1,550 - 2,395
Pittsfield Apartments
55 East Washington St Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
The Loop
0
$2,295 - 2,595
200 N. Dearborn St
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
The Loop
19
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
63
$1,805 - 3,315
Mda City Club Apartments
63 East Lake St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
125
$1,935 - 3,430
188 West Randolph
Chicago, IL
Studio - 2 BR | Ask for Availability
Income Restricted
Section 8
The Loop
14
$2,025
205 W Randolph St Unit 1308
Chicago, IL
1 BR | Nov. 27, 2024
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Dog Friendly
Cat Friendly
Storage
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The Loop
17
$ Ask - 2,530
Century Tower
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
15
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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Fitness Center
9
$2,140
201 W Lake St Unit 2406
Chicago, IL
1 BR | Dec. 21, 2024
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Dog Friendly
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Balcony/Deck/Patio
Dishwasher
The Loop
25
$1,925 - 2,095
320 N. Michigan
Chicago, IL
Studio - 1 BR | Available Now
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Cat Friendly
Virtual Tour
In Unit Laundry
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Dishwasher
120
$2,100 - 3,564
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
23
$1,795
180 W. Adams
180 W. Adams St Chicago, IL
1 BR | Available Now
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In Unit Laundry
Fitness Center
The Loop
10
$2,437
400 N Wells St Unit 906
Chicago, IL
1 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
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River North
8
$2,348
411 N State St, Unit 2202
Chicago, IL
1 BR | Available Now
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Dog Friendly
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Balcony/Deck/Patio
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River North
11
$3,600
150 W Kinzie St Unit 2
Chicago, IL
2 BR | Available Now
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Dog Friendly
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Balcony/Deck/Patio
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12
$2,925
Amazing One Bedroom Downtown Chicago Skyrise Views
405 N Wabash Ave Chicago, IL
1 BR | Available Now
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Heat Included
Furnished
Student
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Senior Community
9
$2,195
260 E South Water St Unit 910
Chicago, IL
1 BR | Dec. 24, 2024
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Dog Friendly
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Balcony/Deck/Patio
Dishwasher
The Loop
38
$1,820 - 2,970
The Hayley
Deal
775 N 6th St Sacramento, CA
Studio - 3 BR | Available Now
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Dog Friendly
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Luxury
Balcony/Deck/Patio
Storage
$2,000
Bright Open Convertible In River North
440 N Wabash Ave #1707 Chicago, IL
1 BR | Available Now
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House
River North
$1,695 - 3,395
440 N. Wabash Ave
Chicago, IL
1 - 2 BR | Available Now
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Balcony/Deck/Patio
Pool
River North
0
$1,200
10531 S Lasalle St
Chicago, IL
2 BR | Available Now
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The Loop
106
$2,432 - 15,312
Wolf Point East
313 W Wolf Point Plaza Dr Chicago, IL
Studio - 3 BR | Available Now
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1 - 30 of 519 Results
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  2. Chicago
  3. The Loop
Frequently Asked Questions

How many apartments are available in The Loop on Rentable.co?

Rentable.co has over 514 apartments available near The Loop.

What is the average rent for a studio apartment in The Loop?

The average rent for a studio apartment near The Loop is around $1,919 per month.

What is the average rent for a one-bedroom apartment in The Loop?

The average rent for a one-bedroom apartment near The Loop is around $2,399 per month.

What is the average rent for a two-bedroom apartment in The Loop?

The average rent for a two-bedroom apartment near The Loop is around $3,362 per month.

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 181,695 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,390 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,810 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,000 per month.

How expensive is it to rent an apartment in Chicago, IL?

For a two-bedroom apartment in Chicago, the average rent price is $2,000 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual household income of $56,000 to live comfortably.

The Loop Neighborhood Summary

This is the area most people are talking about when they say “downtown Chicago” — the second most important commercial district in the U.S. The Loop, Chicago’s central business district, houses brands like MillerCoors, Morningstar, Exelon Corporation, Morton Salt, and dozens more companies that add up to more than a quarter of Chicago’s job market. For the less business-minded, the North Loop also has two main widely renowned features: The Willis Tower and Millennium Park. Willis Tower, formerly known as the Sears Tower, is the U.S.’s second-tallest building — second to the One World Trade Center in NYC — at 108 stories. Millennium Park is where you’ll find Anish Kapoor’s “Cloud Gate” (aka “that iconic mirrored bean sculpture”) as well as the incredible Jay Pritzker Pavilion, which is actually classified as a work of art. Naturally, the neighborhood is also exploding with culture: the Chicago Cultural Center, Art Institute of Chicago, and the Theater District are all in The Loop.

Although it’s a predominantly business-driven area, there are several rental options in The Loop. However, living in one of the world’s centers for culture and commerce comes at a price, with some monthly rents topping $12,000. Fortunately, they mainly range from $2,000 to $3,000, and are readily available year-round.

Chicago:
November Rent Report

Welcome to the November 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Chicago Rent Prices Increase From October to November

Chicago rent prices increased over the last month. From October to November, the city experienced a 0.9% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,903.0.

When we take a look at the two-bedroom comparison from October to November, Chicago experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,139.0.

November Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Downers Grove, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$2,035
$1,935
$1,886
$1,785
$1,568
$1,420
$1,377
$1,341
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Chicago suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Arlington Heights, IL, Downers Grove, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

  • 5 suburbs are currently priced lower than the city of Chicago.

November 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Chicago, IL $1,886.0 1.29% $2,135.0 0.95%
Oak Park, IL $1,341.0 1.13% $2,010.0 7.83%
Evanston, IL $1,785.0 1.36% $2,270.0 3.70%
Naperville, IL $1,420.0 -1.11% $1,832.0 0.77%
Arlington Heights, IL $1,377.0 -1.08% $1,935.0 1.95%
Schaumburg, IL $2,035.0 0.94% $2,488.0 2.26%
Des Plaines, IL $1,935.0 0.62% $2,365.0 1.98%
Downers Grove, IL $1,568.0 -0.89% $1,790.0 0.85%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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